Valmark Advisers Inc. Raises Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Valmark Advisers Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,902 shares of the company’s stock after buying an additional 194 shares during the quarter. Valmark Advisers Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $246,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in MOAT. Pekin Hardy Strauss Inc. increased its holdings in VanEck Morningstar Wide Moat ETF by 4.5% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 3,695 shares of the company’s stock worth $280,000 after buying an additional 160 shares in the last quarter. Brighton Jones LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 3.2% in the third quarter. Brighton Jones LLC now owns 5,671 shares of the company’s stock worth $430,000 after acquiring an additional 177 shares during the period. FAS Wealth Partners Inc. grew its stake in shares of VanEck Morningstar Wide Moat ETF by 8.9% in the third quarter. FAS Wealth Partners Inc. now owns 2,428 shares of the company’s stock worth $184,000 after acquiring an additional 198 shares during the period. Providence Capital Advisors LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 105.1% during the third quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock valued at $43,000 after purchasing an additional 290 shares during the last quarter. Finally, Mengis Capital Management Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 0.6% during the third quarter. Mengis Capital Management Inc. now owns 50,631 shares of the company’s stock valued at $3,840,000 after purchasing an additional 312 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT opened at $86.51 on Tuesday. The company has a market capitalization of $14.58 billion, a price-to-earnings ratio of 27.21 and a beta of 1.03. The firm’s 50-day simple moving average is $87.07 and its 200 day simple moving average is $82.88.

About VanEck Morningstar Wide Moat ETF

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage.